In 2022, aligned with good management practices, BB Foundation updated its Five-Year Strategic Plan – PEQ 2019-2023, with the aim of making the focus of its operations and its strategic drivers more evident, ratifying and keeping unchanged its purpose and vision of the future.

The assumptions presented in the original version were kept: more effective service to society's demands, mobilization of resources and the attractiveness of BB Foundation, operational efficiency and development of internal competences with a focus on innovation and talent development.

2022 was the fourth year of the five-year cycle of the PEQ 2019-2023. During this period, we acted in order to fulfill the purpose of valuing lives and transforming realities, seeking effective solutions for the sustainable development of Brazilian communities, and performed actions aimed at reducing the socioeconomic impacts caused, mainly, by the Covid-19 pandemic.

Historically, BB Foundation has acted in an agile, efficient, correct and transparent manner to meet socioenvironmental demands, through partnerships with other third sector institutions, government and organized civil society. The union of efforts leads us to build a positive legacy for society, generating shared value for our partners as promoters of social and sustainable development.

In view of the studies and scenarios identified in the strategic review, BB Foundation will continue to work on the axes: Social Technology (transversal axis), Education for the Future, Environment and Income, Health and Wellness, Humanitarian Aid and Volunteering. Along these axes, BB Foundation highlights, promotes, recognizes and certifies the application and transversal reapplication of social technologies - innovative solutions that connect popular knowledge to scientific knowledge and that present answers to the challenges of work and income generation, environmental conservation, strengthening of production chains, support for family farming, preparation for the world of work, financial education, digital inclusion, promotion of quality of life, social assistance, incentives for volunteering, gender equality and diversity, among others.

We will seek to increase the scope of our actions, covering the largest possible number of people served, diversifying funding sources and maintaining the quality and reliability of the programs and projects supported by BB Foundation.

We will continue to link BB Foundation's actions to the Environmental, Social and Governance (ESG) criteria, to the Sustainable Development Goals (SDGs), focusing on the 2030 Agenda goals defined by the United Nations (UN), which aim to mobilize governments, companies and institutions in the search for solutions for sustainable development and facing global challenges. As well as to the principles of the UN Global Compact, an initiative of which we recently became signatories.

We will continue to adopt the best governance and integrity practices and adopt transparent and integrated communication, also being aimed at prospecting new partnerships.

Articulations with other third sector organizations will be intensified, seeking the synergy among actions and the exchange of experiences, and strategic partnerships with the public and private sectors will be expanded, aimed at leveraging resources and scaling the impact of socioenvironmental investment. In addition, we will continue to adopt actions to develop a culture of donation with Brazilian civil society as part of the BB Foundation's resource mobilization strategy.
BB Foundation has sought constant synergy of actions with its Founder and continues to be the main executor of the social investment of Banco do Brasil and its conglomerate.

The actions developed by BB Foundation are part of Banco do Brasil’s sustainability strategy – Agenda 30 and are part of one of the 10 Long-Term Sustainability Commitments, with targets to be implemented by 2030.

With the revision of the PEQ 2019-2023, we kept the strategic perspectives unchanged and made adjustments to the strategic objectives, in order to maintain the connection with the Strategic Plan of our founder, Banco do Brasil.